Luke H. Lee has a slide presentation explaining his solution to the current economic crisis. This is slide four of an eight slide presentation. I recommend you go have a look at the entire set.
Go here for all of the slides.
James Pilant
Luke H. Lee has a slide presentation explaining his solution to the current economic crisis. This is slide four of an eight slide presentation. I recommend you go have a look at the entire set.
Go here for all of the slides.
James Pilant
Luke H. Lee has a friend, John McCoy, who wrote him a letter as an endorsement. I include the first two paragraphs of the letter. I hope you read the rest by clicking on the link.
It has become customary to bash big government, and for good reason. Government gets in the way when it tries to interfere with the private sector. But things got so bad in 2008 that everyone turned to the Fed, the Congress and the President, and his Treasury Secretary, to do something to avert the train wreck we all saw coming. They did do something; and most people were grateful, including the business community and the financial community. But in allowing them to intervene as they did, we – and I mean business leaders — shirked our responsibilities. It was our mistake in the first place. Now it is the turn of the business community to take drastic steps. We need to start by telling our government leaders, “Thanks, but no thanks” to their further efforts to jumpstart the economy. They simply don’t know how to do that, and why should we expect them to do what they are not designed to do?
So, what is the next step on the road to recovery? The first step is a painful one; it is the recognition that we in the business community erred. What kind of error am I talking about? I am talking about a failure of imagination. We pride ourselves in the business community for our ingenuity, our creativity, our willingness to think outside the box. We have done nothing of the sort. If we had, we would have avoided this train wreck long ago.
Mr. Lee is interested in solutions to global problems and he worries that a dangerous downturn is possible. So, reading his web site, Realizing A Better World, might well be a good step for you.
James Pilant
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